It is news time again. With charts, now starting to learn how to hear TV CNBC. (Lehman crash was predicted on news following, not on charts). Is something cooking somewhere?
Meantime Vix is down on eod. The ominous HnS pattern did fail last time with devastating effect on my balance sheet.
Hi,
I am Manoj and I am trying to be an investor/trader with more emphasis now on investing side.This blog is an attempt to Discipline myself and also serve as my Diary, for recording what I call Ramblings Of An Insane Mind.Since learning is a never ending curve I intend to share my notes with friends who are interested and also would like to learn from others.The posts in this blog are nothing but notes I am making for myself.Nothing on this site should ever be interpreted as advice, research or an invitation to buy or sell any securities.
TRADE LESS TRADE SMART!!!
Hit me with brickbats at tryin2b@gmail.com
3 comments:
It is news time again.
With charts, now starting to learn how to hear TV CNBC. (Lehman crash was predicted on news following, not on charts). Is something cooking somewhere?
Meantime Vix is down on eod. The ominous HnS pattern did fail last time with devastating effect on my balance sheet.
Hi Alphabet1
News or no News a pattern is a pattern and then there are way to trade it and then there is also full chances of it going bust at times...
All we have our STOPS protecting us if our interpretation of the chart signals is not in tandem with the following price action....
Something all traders learn2live with!!!
Cheers!!!!
Hi,
Yes i have since learnt form my mistakes..
All news do get capture in the charts..I agree.
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